HALIFAX, Sept. 13, 2011 /PRNewswire/ - Emera Inc. (TSX: EMA): Chris Huskilson, President and CEO of Emera Inc., and Andrew Gittens, Chairman of The Barbados Light & Power Company, announced today the appointments of Mark King as Managing Director of The Barbados Light and Power (BL&P) and Bob Hanf as Executive Chairman of Light and Power Holding (LPH) and Director of BL&P, effective November 1, 2011.
Mark King, presently Chief Operating Officer will assume the role of Managing Director of BL&P with overall responsibility for the management and operations of the utility. In his 35 years with BL&P Mr. King has held several senior level positions and has led many initiatives including the introduction of the first Supervisory Control and Data Acquisition (SCADA) system in 1984, and the Health, Safety, Environmental and Quality (HSEQ) which under his leadership obtained ISO9001 certification in 2008.
"I am pleased to be provided this opportunity and truly humbled by the vote of confidence the Board of Directors has shown in me. I look forward to working with the management team and appreciate their continued commitment and dedication to our Company," stated Mr. King.
Bob Hanf becomes Executive Chairman of LPH and a Director of BL&P. In his current role as Chief Legal Officer of Emera Inc., Bob has been working with BL&P and LPH as they become part of the Emera family of energy companies.
Mr. Hanf joined Emera in 2002 as General Counsel for Emera and its affiliates. He became Chief Executive Officer of Emera affiliate Bangor Hydro in 2007 and returned to Emera Inc. in 2011 as Chief Legal Officer. Prior to joining Emera Mr. Hanf was a partner with the law firm McCarthy Tétrault LLP.
Barbados is an important part of Emera's business and as such we felt it crucial to provide a direct Emera connection to the island," said Mr. Huskilson of the new role. "Bob is a senior leader in our Company with a vast array of experiences in utility management, stakeholder engagement, business development and law and will play a crucial strategic role in our Barbados business."
"I am honoured to be taking on this new role within the Emera group of companies," stated Mr. Hanf. "We see great opportunity for these Companies and for the country of Barbados and I look forward to working with the team and members of the community to realize this potential."
Outgoing Managing Director of BL&P, Peter Williams, who was appointed as Managing Director of Light & Power Holdings in July of 2010, will continue in this role, reporting to LPH's Board of Directors. Wayne Crawley, President and CEO Emera Caribbean Limited will continue as a Director of Both LPH and BLP.
Emera Inc. is an energy and services company with $6.6 billion in assets and 2010 revenues of $1.6 billion. The company invests in electricity generation, transmission and distribution, as well as gas transmission and utility energy services. Emera's strategy is focused on the transformation of the electricity industry to cleaner generation and the delivery of that clean energy to market. Emera operates throughout northeastern North America, in three Caribbean countries and in California. More than 80% of the company's earnings come from regulated investments. Emera common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA and EMA.PR.A. Additional information can be accessed at www.emera.com, www.sedar.com, or on www.sec.gov.
About Light & Power Holdings
Light & Power Holdings Ltd. is an investment company with electricity being its core business. The Company has a wholly owned regulated electric utility, The Barbados Light & Power Company Ltd., which has been serving electricity customers in Barbados since 1911. Electricity service is available to the entire island community.
About Barbados Light and Power
The Barbados Light & Power Company supplies electricity to over 122,000 customers in Barbados and has established itself as one of the leading electrical utilities in the Caribbean. The Company is committed to providing an efficient, safe and reliable electricity service to its customers. This year the Company celebrates 100 years of centralized electricity service to Barbados. Additional information can be accessed at www.blpc.com
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